There was a time when an in-display fingerprint sensor feature was only available in premium smartphones, but nowadays, it is also available in mid-range smartphones. Usually, this feature was provided for OLED displays as LCD panels cannot transmit light. However, in most cases, OLED display panels are installed in high-end premium smartphones and very few mid-range smartphones. To overcome this challenge, a Chinese firm named Fortsense has announced the development of an in-display fingerprint sensor for LCD panels.
Nintendo, a Japanese multinational video game and consumer electronics company, is one of the largest video game companies. After the company failed to make an impact in the virtual reality (VR) industry with the launch of Virtual Boy, a 32-bit table-top video game console, in 1995, Nintendo reignited research into virtual reality and released the Labo VR kit on April 12, 2019. The Labo VR kit is a build-it-yourself set of cardboard goggles and controllers. With this product launch, Nintendo aims to strengthen its position in the VR market and enhance its gaming lineup.
Far-field speech and voice recognition smart speaker products such as Amazon Echo, Amazon Tap, Apple HomePod, and Google Home witnessed a high level of adoption within 2 years of their commercialization. With recent advancements in adaptive noise cancellation (ANC) and beamforming technology, Qualcomm, on March 2019, unevils AI enabled Qualcomm QCS400 SoC series designed to deliver advanced multi-mic far-field voice capability with highly responsive voice activation and beamforming technologies for smart speakers such as Google Home or the Amazon Echo. The launch of new chip help device manufacturers helps manufacturers accelerate the development and commercialization of smart and networked speakers.
Recently, Metso Corporation has invested more than USD 112.30 million for the development of its engineering hubs in India and internationalize production plants to fulfill the increasing global demand for industrial valves. It has invested around USD 78.61 million of the total investment for the expansion of its operations in India. Metso Corporation recently acquired the Valve Automation division of Rotex Manufacturers and Engineers Private Limited (RMEPL), by acquiring all shares of RMEBS controls Pvt. Ltd. (India). With this move, Metso plans to strengthen its valve network and increase its presence in new industries and application areas. About 20% sales of Metso Corporation come from Metso India, and for the last 4 years, the company has been witnessing a 50% rise in sales. The company is also establishing a new foundry in Vadodara, having the capacity to produce20,000 tonnes, and increasing the mineral equipment capacity of the Metso Park in Alwar, by 35%.
On January 9, 2019, TDK-Lambda (Japan) completed the acquisition of Nextys, headquartered in Switzerland. This acquisition is expected to enhance the DIN rail power supplies and accessories portfolio of TDK-Lambda. Nextys, a company involved in designing and manufacturing of DIN rail power supplies and accessories that already compliments the TDK-Lambda’s solution. With the integration of Nextys power supplies and expertise, TDK-Lambda will be able to offer its products in the market such as medical equipment, semiconductor-manufacturing equipment, and renewable energy equipment, and further improving the bottom-line of its core customers.
Analysis by MarketsandMarkets™:
According to Ashish Mishra Associate Manager: Semiconductor and Electronics at MarketsandMarkets™ shares his point of view as mentioned below:
The inclusion of Nextys’ innovative products/solutions for DIN rail powered equipment to the portfolio of TDK-Lambda, the leading market player in industrial power supplies, will consolidate the prospect of development business for both players. As DIN rail power supply market is growing much faster than many other segments and the specialist expertise of the Nextys will enhance TDK-Lambda’s position as market leader in the power supplies segment. The acquisition of Nextys’ by TDK-Lambda will further strengthen its capabilities into the power supply market.
Power Supply Market:
A power supply is a device that accepts an AC power input, rectifies and filters it and then applies the resulting DC voltage to a regulator circuit that provides a constant DC output voltage. There are wide varieties of AC-DC and DC-DC power supplies that can have an output voltage from less than 1 V to thousands of volts and output power ranging from 0.1 W to thousands of watts. AC-DC and DC-DC power supply applications from verticals such as lighting, industrial, consumer electronics, and medical are driving the power supply market by integrating it in various devices such as street lighting, home lighting, wearable bands, smartphones, and patient-monitoring devices. The power supply market is estimated to grow from USD 25.00 billion in 2017 to USD 34.92 Billion by 2023, at a CAGR of 6.7% from 2018 to 2023.
Source: MarketsandMarkets™ Analysis
What had initially started as a limited recall of cars in early 2013 by the key automotive manufacturers across the globe eventually became a global phenomenon until 2019. During early 2013, about 3.6 million vehicles were recalled due to the defective airbags manufactured by the Japanese Conglomerate named Takata Corporation, now Key Saftey Systems (China), led Takata to bankruptcy and eventually acquisition by a Chinese company that develops and manufactures automotive safety systems.
On January 22, 2019, Airbus launched a quantum computing challenge that will the help company explore the technology that can transform the aircraft lifecycle. The possibilities of using quantum computing will help improve the overall efficiency of the aerospace industry.
Event: LG Display unveiled technologically advanced 8K OLED TV at CES 2019
On January 8, 2019, LG Display, one of the leading providers of large OLED displays, introduced a technologically advanced OLED TV with a massive 88-inch display screen and 8K resolution. The company, to strengthen its position in the display industry, is focusing on developing technologically advanced OLED display panels, primarily used for TVs. The OLED TV has advanced features such as superior picture and sound quality, a powerful processor that automatically upscales non-8K content using AI algorithms, wide-viewing angles with no image distortion irrespective of the viewing angle, and advanced 3.2.2-embedded sound system that analyzes sound source to improve and enhance sound effects. AI elements in this OLED TV provide the viewer with the most realistic experience, with improved sound quality, sharp images, and minimal blur.
At CES 2019, HTC (Taiwan) launched the eye-tracking technology integrated VIVE Pro Eye Virtual Reality (VR) headset. Eye tracking allows users to navigate within VR apps by just looking at particular icons or places. This was the result of the partnership (signed in October 2018) between Tobii (Sweden) and HTC for developing eye-tracking technology for VR headsets.
On January 2, 2018, Raven Industries (US) completed the acquisition of AgSync, Inc., headquartered in Indiana, US. This acquisition is expected to enhance the Slingshot platform of Raven Industries by delivering a seamless logistics solution for agriculture retailers, custom applicators, and enterprise farms. AgSync, an ag logistics software company, has expertise in precision agriculture logistic management that already compliments the Raven Slingshot solution. With the integration of AgSync’s systems and expertise, Raven Industries will be able to offer an end-to-end logistics solution in the market, improving the bottom-line of its core customers.
Analysis by MarketsandMarkets™: